Vital® Hires Financial Industry Veteran To Direct Products and Market Strategy

Tempe, Ariz., Jan. 30, 2002 - Vital Processing Services®  (Vital®), a recognized leader in technology-based commerce enabling services, today announced the appointment of Catherine Corby Parker as product executive in Vital's Products and Marketing Group to lead the company's products and market strategy development. Parker will report to Denise Lewis, executive vice president of products and marketing for Vital and will be based in Vital's Columbus, Ga. office.

"Cathy has already contributed valuable expertise to Vital," comments Lewis. "During the last year she has served as a consultant to Vital's Products Group providing strategic planning and strong, focused management.  I look forward to having Cathy on board full time so that Vital can benefit more fully from her vast knowledge of the industry."

"Vital is an invigorated organization with a strong management team focused on winning by helping their clients win in the marketplace," says Parker.  "When you find a company like this, you don't want to just advise it, you want to be part of it." 

Parker brings 20 years of financial services experience to Vital.  Prior to joining Vital full-time, Parker managed her own financial services consulting firm Corby & Company which provided strategic planning and implementation support services to financial institutions and financial technology companies.  Previously she served as senior vice president, Speer & Associates, where she led the firm's Electronic Commerce activities. Prior to that, Parker was a director at Barnett Bank where she headed the alternative delivery system group and gained a reputation in the industry as an innovator in electronic delivery of financial services.  She has served in strategic planning roles at Chemical Bank, Fidelity Bank and AT&T Universal Card.  Parker's consulting experience includes Booz, Allen & Hamilton and Earnings Performance Group.  She is active in the Bank Administration Institute (BAI) and is a frequent speaker at industry events. Parker holds a Masters of Business Administration from Columbia School of Business.

About Vital Processing Services
Arizona-based Vital Processing Services® (Vital®) is a leader in technology-based commerce enabling services.  Vital's clients include acquirers and merchant service providers that offer electronic payment processing and related services to merchants.  Vital provides leading point-of-sale (POS) products and services, electronic authorization and data capture; clearing, settlement and exception processing; accounting, billing and reporting; risk management; and merchant support services.  Vital also provides POS equipment management services through its subsidiary Vital Merchant Services and a full suite of Information Services in conjunction with Vital's wholly-owned subsidiary GRS.  Vital is a merchant processing joint venture of Visa U.S.A. and TSYS® ("NYSE: TSS"), a global leader in payments processing.   Additional information regarding Vital can be found at www.vitalps.com.

Contact:
Virginia Lewis
Director of Corporate Relations
Vital Processing Services
(480) 333-7671
virginia.lewis@vitalps.com